Macy’s Looks to Expand Overseas
Cincinnati Macy’s is looking to expand overseas, according to a report in the Cincinnati Inquirer.
“Our No. 1 priority is same-store growth, but as we look further down the line for added avenues of growth, international is something we need to explore and investigate,” said Macy’s spokesman Jim Sluzewski.
“We’ve selectively sold our private brands in noncompeting retailers for 10 years or more,” Sluzewski said. “This is about bricks and mortar.”
The company will look for overseas opportunities for its Macy’s and Bloomingdale’s stores, the report said.
Bloomingdale’s to shift direct-to-consumer focus online
NEW YORK Bloomingdale’s is shifting the focus of its direct-to-consumer business to its stronger performing bloomingdales.com Web site, where sales growth has far outpaced he Bloomingdale’s By Mail catalog in recent years. As such, the company said it will discontinue its By Mail catalog by 2009.
“Bloomingdale’s is focused on growing its online business, increasing profitability and reflecting a seamless brand and merchandise selection, whether it be in-store or online,” commented Michael Gould, Bloomingdale’s chairman and ceo.”
Tuesday Morning names new director to board
DALLAS Tuesday Morning announced the appointment of Starlette Johnson to its board of directors.
Johnson is currently president, coo, and director of Dave and Busters and has served in that capacity since April 2007.
“We are pleased to welcome Starlette to the Tuesday Morning board of directors,” said Bruce Quinnell, chairman of the board. “We believe her extensive experience will make her a valuable addition to the board and an asset to the company.”